Opinions and Legal Insights

Why Explosive Applications Create Bulletproof Marijuana Businesses

Like any other contest, the competitive process for obtaining a license to grow, process and sell marijuana is won before the application is submitted but can also yield a blueprint for launching a lucrative, compliant and saleable cannabis business.

In 2019, legalized marijuana’s domestic sales reached $11.7 billion, and grow, processing and dispensary licenses were valued at (and, reportedly, sold for) over $20 million.

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